Comfort Return On Equity from 2010 to 2024

FIX Stock  USD 491.06  1.09  0.22%   
Comfort Systems Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Comfort Systems USA in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.25308394
Current Value
0.27
Quarterly Volatility
0.11205025
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Comfort Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comfort Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 112.9 M, Interest Expense of 10.8 M or Selling General Administrative of 573.3 M, as well as many indicators such as Price To Sales Ratio of 1.48, Dividend Yield of 0.0039 or PTB Ratio of 6.05. Comfort financial statements analysis is a perfect complement when working with Comfort Systems Valuation or Volatility modules.
  
Check out the analysis of Comfort Systems Correlation against competitors.

Latest Comfort Systems' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Comfort Systems USA over the last few years. Return on Equity is the amount of Comfort Systems USA net income returned as a percentage of Comfort Systems equity. Return on equity measures Comfort Systems profitability by revealing how much profit Comfort Systems USA generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Comfort Systems' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Comfort Systems' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.3410 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Comfort Return On Equity Regression Statistics

Arithmetic Mean0.14
Geometric Mean0.13
Coefficient Of Variation80.17
Mean Deviation0.09
Median0.17
Standard Deviation0.11
Sample Variance0.01
Range0.4092
R-Value0.89
Mean Square Error0
R-Squared0.79
Slope0.02
Total Sum of Squares0.18

Comfort Return On Equity History

2024 0.27
2022 0.25
2021 0.18
2020 0.22
2019 0.2
2018 0.23
2017 0.13

About Comfort Systems Financial Statements

Comfort Systems investors use historical fundamental indicators, such as Comfort Systems' Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Comfort Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.25  0.27 

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Additional Tools for Comfort Stock Analysis

When running Comfort Systems' price analysis, check to measure Comfort Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comfort Systems is operating at the current time. Most of Comfort Systems' value examination focuses on studying past and present price action to predict the probability of Comfort Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comfort Systems' price. Additionally, you may evaluate how the addition of Comfort Systems to your portfolios can decrease your overall portfolio volatility.